The African National Congress (ANC) has refuted media reports claiming that its leader, Cyril Ramaphosa, has volunteered to mediate in the ongoing multi-million rand debt dispute with Ezulweni Investments.
Contrary to speculation, the ANC maintains that Ramaphosa has not officially offered his mediation services in the matter. The dispute revolves around a debt exceeding R100 million owed by the ANC to Ezulweni Investments for the production of banners during the 2019 elections.
The ANC’s legal battle with Ezulweni Investments has escalated to the Constitutional Court after facing setbacks in both the Gauteng High Court and the Supreme Court of Appeal. Recently, the sheriff of the court arrived at the ANC’s Luthuli House headquarters with plans to attach the party’s assets.
In response to the rumors, ANC Secretary-General Fikile Mbalula clarified that while Ramaphosa has expressed interest in the matter, the resolution is actively being pursued by the party’s legal team. Mbalula emphasized that various options, including legal avenues and out-of-court settlements, are under consideration.
Mbalula stated, “There are many means at our disposal to handle this particular issue, [the] legal path is one of them, and the out-of-court settlement is equally the one option the ANC is exploring. There is nobody who has come to the secretary-general of the ANC and offered themselves to mediate.”
